Share
691 Posts.
lightbulb Created with Sketch. 469
clock Created with Sketch. 14/02/19
09:44
Share
Originally posted by Barry Smithy
↑
It's unfortunate the market doesn't understand the nature of brine deposits and I guess you can't blame them. Halite bodies have very high near surface permeability, meaning you can drill a hole in the ground and it will fill up from the surrounding areas due to the surface sediment being very porous. By not drilling that deep it allowed for AGY to spend more money on developing ponds, pilot plant, pumps, infrastructure etc. But you need to make that very clear because most investors don't take the time to research anything. These salars have been studied for decades all the information is already out there if you bother to look.2.15Mt LCE at 1,160 mg/l & 5.7 Mt KCI at 8,500 mg/l
Expand
Dunno mate. Ask Livent (FMC) who have been producing lithium carbonate from that salar for over 20 years. Or galaxy who are going full steam ahead building their evaporation ponds 20kms north of us. Or POSCO who just invested a billion dollars to get Hombre Murto North up and running.
(20min delay)
